Solar Power, Panels for your Home - Residential | SUNBELT SOLAR ENERGY
Cost & Savings
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How much does it cost?
For the average Florida utility rate payer, not going solar is the more expensive option, especially now with the electric companies continually asking for rate increases. Electric rates have increased, on average, 6.7% each year for the last 15 years. This means that if you are currently spending $175 per month, next year your bill will likely average $186 per month, and in 10 years the same bill would be $287 per month. If inflation on electric rates continue at 6.7% for the next 30 years, you will have spent over $187,000 on electricity. Solar electric can help provide peace of mind from continually rising energy bills.
Sunbelt Solar Energy provides solar systems starting as low as $7,800.00 (after a federal tax credit* is applied). Many of our customers have protected themselves from rising energy costs by going solar.
Financing your solar system makes it easy and affordable. Unlike most loans, a loan for a solar system is paid for by the money you are saving on your monthly electric bill. That is what makes solar power feasible for the majority of home and business owners. We offer a variety of loan options that are available to make things a little easier for any situation.
As the homeowner you would now own a solar electric system that adds value to your home, and provides some degree of protection against future electric utility rate increases over the coming years and decades. Solar systems offer a long term, low risk way to invest your money. In addition to the financial sense of solar power, the environmental benefits are undeniable, thereby making it an investment into our planetís healthy future for many generations to come.
Most electric utility companies bill their customers using a tiered rate plan. This plan typically means the first 1000 kilo-watt hours consumed per month are billed at the lowest rate per kilo-watt hour and anything over that is charged at a higher rate. Solar systems can replace your highest cost power first.
Added Property Value
Homeowners can expect a reasonable increase in their homes resale value. An article in the Appraisalís Journal showed that a homeís value increases $20,000 for every $1,000 saved in annual electricity which means most systems will have paid for themselves the moment the solar system is installed.
Incentives and Tax Credits*
Tax credits can provide a substantial portion of the total solar power system cost. You should confirm the availability of the economic incentives and you should consult your tax advisor about the tax credit before you install a solar photovoltaic system.